Vendor Management

At HUB Financial Services, we prioritize data security and have invested in creating a vendor management environment that meets the rigorous standards of financial institutions. We stand out from other insurance brokers by ensuring both internal and external NPI data components are compliant with FFIEC VM Tests.

Our Vendor Management Program demonstrates our commitment to performing services for financial institution clients safely, soundly, and in compliance with applicable laws. We’ve aligned our information security management framework with ISO 27002 and made significant investments in business continuity, information security, and vendor management tools. Our critical alert and mass notification system, for example, ensures rapid incident reporting and management to our clients.

We continually enhance our control environment, adhering to the security principle established by the AICPA and assessed annually by our independent service auditor, RSM US LLP. As we expand our control environment assessment scope, we also maintain a risk-based Third Party Risk Management Program to evaluate vendor reliability, confidentiality, and availability protections.

At HUB Financial Services, we understand the importance of information security and compliance for our clients. We are dedicated to implementing robust controls while meeting and exceeding our clients’ business needs.